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Office Suite with Bay Windows
For Lease
$29 SF/Yr

63 Park St Unit 201, Andover, MA 01810

Flexible workspace includes private offices, open area, dedicated restroom, and updated climate control.

Space SizeContact for details
Days on Market8

Property Features for 63 Park St Unit 201

General Information

Standard status Active

Space & Availability

Space Use Office
Condition Move-in Ready
Available From Immediate

Building Details

Year Built 1984
Listing Agency: The Edge Group, Inc.
Listed By: Gary Sidell
Source: Melanienorcross
Added: Sep 18 Last Checked: Sep 24 at 11:48AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Edge Group, Inc.

Investment Insights

Based on property information with market context.

This 1,080 SF office suite at 63 Park St Unit 201 offers a combination of private offices and open workspace. Large bay windows provide substantial natural light, while new carpeting and a private restroom support day-to-day office operations. Ductless HVAC systems provide both heating and air conditioning throughout the suite.

Built in 1984, the property is located in Andover, Massachusetts. The adaptable configuration can accommodate office users seeking a mix of enclosed rooms and collaborative space, with recent interior improvements supporting immediate occupancy.

Key Highlights

  • 1,080 SF office suite
  • Large bay windows bring natural light into the workspace
  • Combination of private offices and open work area

Property Analytics

Current Use

Traci Connor Counselor Shelley A. Woolsey, RD Physician Suzanne Saindon Physician Lydia Jeffcoat Physician Stephan Coufos - Coco, ... Real Estate Agency

Suggested Use

Top Pick HVAC Service Auto Parts Store Grocery & Convenience Store Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$4.35 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,658
Businesses Nearby

Demographics for 01810, MA

35,621
Population
13,803
Households
2.6
Avg Household Size
43
Median Age
75%
College-Educated
97%
High-School Grad
30.5 sq mi
ZIP Area
1,168
Density / Sq Mi
$167,591
Median Household Income
$86,838
Median Earnings
$2,046
Median Rent
$813,800
Median Home Value

Market

Lease Benchmarks for Andover, MA

$28.73 /SF/Yr
Avg Asking Price
$22.95–$35 /SF/Yr
Price Range
12,846 SF
Avg Space Size

This space is priced 1% above the average of $28.73 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Flexible workspace includes private offices, open area, dedicated restroom, and updated climate control.
Where is this office units located?
The property is located at 63 Park St Unit 201 Andover, MA.
What is the lease rate?
The lease rate is $29 SF/Yr.
What are key features of this property?
This property features: 1,080 SF office suite; Large bay windows bring natural light into the workspace; Combination of private offices and open work area
More about this property
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